SOLUTION: An actor invests some money at 8%, and $34000 more than four times the amount at 9%. The total annual interest earned from the investments is $45300. How much did he invest at each

Algebra ->  Percentages: Solvers, Trainers, Word Problems and pie charts -> SOLUTION: An actor invests some money at 8%, and $34000 more than four times the amount at 9%. The total annual interest earned from the investments is $45300. How much did he invest at each      Log On


   

Question 1047450: An actor invests some money at 8%, and $34000 more than four times the amount at 9%. The total annual interest earned from the investments is $45300. How much did he invest at each amount?
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
.08x + .09(4x+34000) = 45300
Solve for x to find each amount